Stability and Experience – Fixed Income Funds at Fidelity

Fidelity is one of the most experienced fixed income managers in the industry, with over 190 professionals managing more than $1 trillion in assets.1

Why Fidelity for fixed income investments

  • 24 Fidelity fixed income funds have been awarded 4- or 5- stars by Morningstar®.2
  • 8 Fidelity fixed income funds have earned a GOLD Morningstar Analyst rating.3
  • Fidelity manages 2 of 7 fixed income funds mentioned in Kiplinger's 25 Favorite No-Load Funds for 2017.4
  • Fidelity Total Bond Fund portfolio managers – Ford O'Neil, Matthew Conti, Jeffrey Moore, and Michael Foggin – won coveted Morningstar 2016 U.S. Fixed-Income Fund Manager of the Year award.5

Fidelity® Total Bond Fund (FTBFX)

This fund seeks a high level of current income and can be used as a core bond investment by investors with a long-term perspective. Fund manager Ford O'Neil and his co-managers run the fund as a "bond multivitamin," a core holding that offers exposure to a broad range of fixed income assets.

The fund has offered:

  • Broad exposure to government and investment-grade corporate bonds
  • Opportunistic high-yield investments
  • A track record of competitive total returns

Fidelity fund manager insights

total_bond-fund-video-thumb Hear Portfolio Manager Ford O'Neil discuss Fidelity's Total Bond Fund, and his investment process.

Watch the video (9:04)

Fidelity Total Bond ETF (FBND)

The Fidelity Total Bond ETF is an intermediate-term exchange-traded fund (ETF) that uses a diversified fixed income strategy that seeks to deliver risk-adjusted outperformance during all interest rate environments.

The ETF uses a similar investing strategy as the Fidelity® Total Bond Fund, but provides the flexibility of an ETF, such as:

  • Intraday pricing and trading
  • Daily transparency of holdings
  • Diversification opportunities

Fidelity® Intermediate Municipal Income Fund (FLTMX)

The fund seeks to generate an attractive level of tax-exempt income while protecting shareholder capital. Fund manager Mark Sommer strives to build a diversified portfolio of municipal bonds with moderate interest rate sensitivity, and to deliver strong risk-adjusted returns through the use of both fundamental and quantitative analysis.

Here are three strategies the fund is pursuing now:

  • Emphasizing hospitals that are attractive acquisition candidates
  • Emphasizing a maturity mix that we expect to outperform if rates move higher
  • Managing with a heightened awareness of potential market liquidity challenges